CT HB05399

Municipalities may assign property tax liens exceeding $3,000 or totaling three years of unpaid liens to third parties for consideration, effective July 1, 2019.

Assignees receive the same enforcement powers as municipalities, including foreclosure rights, but must provide payoff statements like mortgagees and cannot claim immunity under section 42-110c.

All lien assignments executed after July 1, 2019 must be memorialized in written contracts specifying contact information, foreclosure timeline (no action before one year), attorney's fee structure, and disclosure of assignee's litigation history, criminal proceedings, and ethics violations.

Assignees must notify property owners and mortgage holders within 60 days of assignment and provide 60 days' advance written notice to first or second security interest holders before commencing foreclosure proceedings.

The same assignment and enforcement requirements apply to sewer assessments, water charges, and liens held by regional water and sewer authorities.